A lot depends on the particulars and personality of the company. I think Vandersteen and Wilson have survived with a son taking the reins. Some companies survive via economic viability, but even there look at B&W among others who struggle to maintain a viable identity. I am told that Thiel conducted a futile years-long, worldwide search for someone to carry on Jim's work. Niche companies don't offer the financial security or up-side potential that attracts first-rate talent within a winner-take-all capitalist model. I appreciate ctsooner's remark that it's about more than profits. Performance Audio is about the love of music. Making ends meet is what has to happen to support and enable the musical progress and development.
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- 13456 posts total
- 13456 posts total